Search Results for: Wall Street
Puerto Rico woos rich with hefty tax breaks
April 23rd, 2014
John Paulson is expected to expand his investment in Puerto Rico to $1 billion by the end of next year, as the hedge fund titan leads a growing brigade of wealthy U.S. business owners who are taking advantage of ...
Comcast 1Q earns surge on upbeat NBC results
April 22nd, 2014
Comcast Corp. said Tuesday that its first-quarter net income rose by 30 percent as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallon’s elevation as host of “The Tonight Show.” The ...
Insider Convictions Seen Too Easy in Chiasson Appeal
April 22nd, 2014
What looks like insider trading to one federal judge might not rise to the level of a crime to another. Or, in the case of two hedge fund managers fighting their convictions, to another three judges. Level Global Investors ...
Americans still don’t trust the stock market
April 22nd, 2014
More than five years after the financial crisis, the average American is still wary of the stock market, according to a survey released Monday. The survey of over 1,000 households by Bankrate.com showed that 73% are “not more inclined ...
Asia shares rise, shrug off slower China growth
April 16th, 2014
Shares rose Wednesday in Asia as positive sentiment from strong corporate earnings outweighed Ukraine’s crisis and slower economic growth in China. The Nikkei jumped 2.5 percent to 14,347.41 as a weaker yen boosted exporter stocks and Softbank Corp. shares ...
Google Considers Change To Search Algorithm That Would Favor Website Encryption
April 15th, 2014
Google Inc. (NASDAQ:GOOG) is considering a change to its PageRank software, which would favor websites that use encryption to protect visitors’ personal information, meaning safer sites would appear higher in search results. While Google is reportedly still in the ...
Asia stocks mixed ahead of China growth report
April 15th, 2014
Asian stock markets were mixed Tuesday as jitters about China’s economy overshadowed a perk from strong U.S. data and earnings. Hong Kong’s Hang Seng was down 1.2 percent at 22,754.69 as a drop in China’s money supply unnerved investors ...
Deutsche Bank Said to Find Improper Communication in FX Case
April 10th, 2014
Deutsche Bank AG (DBK) put a London-based currency saleswoman on leave last month for inappropriate communication with the Monetary Authority of Singapore, a person familiar with the matter said. No other details on Kai Lew’s communications with MAS were ...
Ukraine Mounts Security Push as Russia Warns on Civil War
April 9th, 2014
Ukrainian authorities sent security forces to Kharkiv to clear the country’s second-biggest city of separatists as U.S. Secretary of State John Kerry accused Russia of using “special forces and agents” to spark unrest. An “anti-terrorist operation” was under way ...
Stock experts say the bull isn’t dead yet
April 7th, 2014
Wall Street professionals are still optimistic about stocks, despite a very volatile start for the markets this year. The 26 investment strategists surveyed in the past week by CNNMoney have an average year-end target for the S&P 500 of ...
